Fed minutes say "most participants" saw the cut "as part of a recalibration" in response to changing conditions.The Fedread more
Federal Reserve members worried over future growth are highly concerned about the U.S.-China tariff battleThe Fedread more
President Trump and Apple CEO Tim Cook have had a rocky relationship in recent years, but Trump is now complimenting the executive publicly.Technologyread more
Corporate debt recently passed the $1 trillion mark in a continuing sign of global financial displacement.Marketsread more
"Federal debt, which is already high by historical standards, is on an unsustainable course," CBO director Phillip Swagel said in the report.Politicsread more
The president's remark followed a string of criticisms aimed at his predecessors, whom he claimed had ignored China's alleged malpractice on trade.Politicsread more
President Trump liked Germany's sale of no-interest, 30-year bonds Wednesday, but investors weren't so eager to buy them.Market Insiderread more
SunTrust Robinson Humphrey analysts said in a research note the "Off-Facebook Activity" feature "appears to fall somewhat short of the original pledge by CEO Zuckerberg of...Technologyread more
"If you look at the market over the past week, stocks don't need any help. They are roaring ahead, without the Fed doing anything," says the longtime market strategist.Marketsread more
Target CEO Brian Cornell still thinks the U.S. consumer is strong and spending. Target's latest quarterly results showed the big-box retailer is benefiting from that.Retailread more
Stocks rose on Wednesday as strong quarterly results from retailers such as Target and Lowe's lifted investor sentiment.US Marketsread more
It's not there yet. But it is getting bigger.
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No one outside of Amazon knows how many people are streaming video from Amazon or how much video they are streaming. But industry observers do have a proxy: The internet usage numbers provided by Sandvine, a broadband services company that monitors this stuff.
Amazon's numbers are still small compared to Netflix and YouTube, which continue to account for half of all broadband usage. But it does seem as though Bezos, who is spending billions to build up a video library that can compete with Netflix, is starting to make some headway.
Bezos insists he's not trying to compete with Netflix, even though the two companies do indeed compete for talent and licensing deals. But he has suggested that video could eventually become a "fourth pillar" of his company's business.
But Sandvine thinks that doesn't mean Netflix's consumer usage is down — which makes sense, since Amazon's subscriber numbers have continued to increase. Instead, it attributes the drop to a technique Netflix started using this year to optimize the amount of data it uses to stream a movie or a show, in hopes of cutting its bandwidth usage by 20 percent.
—By Peter Kafka, Recode.net.
CNBC's parent NBCUniversal is an investor in Recode's parent Vox, and the companies have a content-sharing arrangement.